FB (Meta) - Outlook ✅Let's see how FB (Meta) is behaving.
This is a 1D chart. (Long Term)
Fib retracement levels show that the price has consolidated for a long while in the blue area -$271- (as shown on the chart) and has turned that area into a strong resistance area. This alone can confirm that Facebook needs massive buy volumes to pass that area. For now, any price below that level is possible for consolidations.
Red area:
Our solid resistance level, which requires strong buy volumes for passing
Orange area:
Local resistance area;
Bouncing back from our local support can help us pass this area.
Green area:
For now, this support area can hold the price up.
It hasn't been tested yet, but bouncing back from this level can confirm a bullish market for Meta.
Dark Green area:
Let's say the market is bearish; we can count on this area for solid support in case of more dumps.
Support levels: $114 - $189
Resistance Area: $228 - $271
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for FB.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that FB is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $200.06
Let me know your ideas.
Good luck.
Facebook (FB)
FB BLOCKS RUSSIA OPPORTUNITY FOR LONGFB Blocking Russia dropped down FB stock down because of customer loss since the ban of It fully finished main Elliot wave (1-5) and reached complete Elliot wave fib zone of 50% and strong monthly support, it bounced off of it on a daily chart and now we are looking for a retracement to at least 50% fib zone of a downwards movement which is at 260 zone, our stop loss should be just below monthly support because if it breaks it, FB will break out of the monthly uptrend stop loss zone 171, entry price: 203. Also regarding fundamental analysis after banning Russia, people that are supporting Ukraine will support FB decision and it should increase the possibility of price rising.
META [FACEBOOK], FBSimple Trade , Positional Trade
Hopeful We Can The "Fundamentals " To Push Us UP
With The Met Being Part Of The MetaVerse , That Enough Can Assure Us META We'll Recover
I Will Keep Updating This, But With Technical Analysis We Are Looking To Fill The Imbalance And Retest The Orderblock
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A review on my February 2022 trades..!What is more important than the trading results???
The strategy behind the trading/investment models..!
After doing lots of research, I decided to combine Warren Buffet, George Soros, and Jim Simons's strategies to build my own trading system.
So far I am happy with the results..!
Why?
Because I beat the market in the past 2 months by far..!
In a bullish market, everyone feels like they are the wolf of the streets, but when rainy days come they have no plan..!
Looking at markets, you see all major indexes are down between -6.27%-13.06% in 2022:
Now let's look at my results:
After a successful January with +6% (stock & options trading) in February 2022, you could make 4.8% if you had taken all the stocks and options trades I offered in February 2022.
*Details of the trades are marked on the charts..!
The significance of this will sine more if you are looking at the negative returns of S&P 500(-2.9%), Nasdaq 100(-4.94%), and Dow Jones(-3.05%) in the very same month!
This makes my compound profit of 11% in the past 2 months..!
If you have followed me for over a year you know this result is far away from the +61% in the first 7 weeks of 2021, but at that time market was very different..!
What is the logic behind my trading strategy in 2022:
The most important one: handling the Volatility in the right way: Decreasing number of trades..!
Jim Simons:
When market volatility surged, Renaissance’s system tended to automatically reduce positions and risk.
The second most important rule that helps in all markets: Win Big and lose small:
If you are looking at the win ratio of my trades it is 50%, but the amount I win in my winner trades is much bigger than my loser trades..!
George Soros:
It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong.
Finally:
Warren Buffett:
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.”
Now you see why I publish fewer trading ideas in 2022..!
The goal is not to make lots of trades, the goal is to make money constantly and beat the market performance in the long term..!
** Consider combing this with my Crypto, Gold, and OIL ideas, the performance will become double or more..!
related articles:
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
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Buying Opportunity In Facebook (FB)Yesterday was an epic day for FB, posting a 4.61% gain amid heavy geopolitical tension.
Here are the key levels to watch for FB going into March’s trade:
GAP, $309.53 to $248.00
2020/2022 78% Retracement, $190.55
Here's the trade:
1) Buy $205-$208
2) Stop out point at $189.00
3) Profit target anywhere in the GAP. The conservative upside target is at $248.00
With a hard stop-out point beneath $190, this isn’t a bad place to buy in and play a return to the GAP.
Meta Platforms (NASDAQ: $FB) Touching 0.786 Fib Pre-Market! ♾️Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
FB stock seems brokenBroke below my support of $219, sold my calls for a loss, went short. Seems every single day since ER nothing but more bad news piling on to this from lawsuits, to privacy, threatening to shut down in EU, competition, to Apple and now today's announcement of Google's IOS changes. Whistleblower claims about fraud regarding value. I was looking for a bounce to $240-260 but seems every rip is to be sold $241, $233, $225, $221 lower highs and lower lows. Yes, they appear to be profitable, for now. Yes they have $60b in cash but their bets are the metaverse are far off. I believe this stock will be under $180 soon. Facebook hasn't been "cool" for many years, mostly people complaining, the next generation doesn't want it, and like many bashers say this could be myspace in 2007. It rebounded half of it's loss with the market, but it's been doing this daily. Time will tell......!
finance.yahoo.com
www.cnn.com
www.npr.org
Free Speech For The Win. $DWACTrading within the channel continues. No shares available at the moment to short. Very risky going against the stock. Looking very Bullish in the immediate short term and long term. Of note, competitors $TWTR and $FB are down tremendous.
$FB continue down trend$FB continues to down trend after the disappointing earning, backlash from the whistle blower, and continued pressure by the congress about the privacy.
with the overall market continue to trends down, there's highly likely that $FB will get dragged by it. i think in my personal opinion FB will be a dip buying
opportunity for long term. I think the metaverse will save Facebook 5-10 years from now when it fully lunched. but that future is still a bit far for now.
specially with US economy facing inflation or already are, plus the possible war with two countries Ukraine and Russia where US trying to get involve.
things might get complicated from here.
Day trade or scalp target play: 02/22/22
Buy call above 209.05 sell at 211.05 or 212.95
Buy puts below 203.98 sell at 201.98
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
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My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
Don't fall for the NarrativeThere's a general narrative going around of "buy the dip" and "look at these undervalued stocks". The goal here is not to compare Facebook to Microsoft to Paypal as companies, but to look at relative price structure between a handful of popular stocks. In this case, we have a few giant companies; Tesla , Facebook and Microsoft , charted against the smaller Paypal and Netflix , and which have taken a recent beating (along with Facebook ). The lines in the chart are an 1800 week linear regression of Microsoft's per-dollar performance relative to the M2 . The lines don't mean anything and are merely a rough guideline of history-projected asset strength. The prices are M2 adjusted to account for money supply expansion.
Facebook has been underperforming since 2018 after making a huge run in 2013 onward, but the notion that "it's a good deal" hardly stands up if you look at the relative trajectory of Microsoft and Tesla . Facebook was one of the biggest to rise, and was one of the first to fall. Microsoft on the other hand has a huge history of being an efficient capital allocator, and will probably be one of the last to fall. Let's ask the question: If Microsoft and Tesla make the same correction as did Paypal and Facebook , do you think Paypal and Facebook will be lower or higher following this hypothetical correction? The gut feeling here is that Paypal/ Facebook / Netflix /Peloton etc. COULD end up falling even more, given that many of these larger cap stocks are still standing well. I would rather short Tsla / Msft than long Paypal/ Facebook / Netflix /Peloton etc. given the current environment.
It's easy to want to fomo into these stocks when you look at a year or two of history, but I think this paints a more realistic picture.
Good luck and hedge your bets :)
Note: The arrows are not price targets, just medium term directional indicators.
"Facebook can't possibly go lower" ...right?Facebook NASDAQ:FB going lower was something many people did not expect on February 3rd, 2022 after the huge drop on earnings. I am afraid that many investors and traders did not pay heed to the words of one of my favorite investors Peter Lynch that "a stock can always go lower." Now price is grinding down those expecting a quick bounce. Let's look at this event as a teachable moment for price action as well as how to express options trades in high Implied Volatility using Vertical Debit Spreads.